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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 24,101 $ (9,763)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Provision for doubtful accounts 221 530
Depreciation and amortization 14,030 14,601
Deferred income taxes (363) (186)
Loss on disposals of fixed assets 471 494
Compensation expense related to stock-based awards and employee stock purchase plan 3,424 4,109
Unrealized currency translation gain (399) (112)
PPP loan forgiveness 0 (6,979)
Changes in operating assets and liabilities:    
Accounts receivable 506 (506)
Inventories (8,493) 33
Prepaid expenses, other current assets, and current contract assets (1,096) 147
Other non-current assets and non-current contract assets 1,731 509
Accounts payable 11,364 (251)
Contract liabilities and long-term contract liabilities (580) (665)
Accrued compensation, product warranty and other (4,578) 945
Other long-term liabilities 0 3
Net cash provided by operating activities 8,894 2,909
Cash flows from investing activities:    
Capital expenditures (14,390) (18,740)
Cash paid for acquisition of intangible assets (54) (62)
Proceeds from sale of fixed assets 0 100
Purchases of marketable securities (55,723) (6)
Maturities and sales of marketable securities 13,164 12,000
Net cash provided by (used in) investing activities 375 (6,708)
Cash flows from financing activities:    
Proceeds from stock options exercised and employee stock purchase plan 972 2,939
Payment of finance lease (264) (294)
Net cash provided by financing activities 708 2,645
Effect of exchange rate changes on cash and cash equivalents (297) (48)
Net increase (decrease) in cash and cash equivalents 9,680 (1,202)
Cash and cash equivalents at beginning of period 11,376 12,578
Cash and cash equivalents at end of period 21,056 11,376
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net of refunds 312 419
Changes in accrued other and accounts payable related to property and equipment additions 49 384
Right of use assets (ROU) assets arising from entering into new operating lease obligations 1,089 407
KVH Media Group    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Gain on sale of business (682) 0
Cash flows from investing activities:    
Proceeds from the sale of business 2,378 0
Intertial Navigation    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Gain on sale of business (30,763) 0
Cash flows from investing activities:    
Proceeds from the sale of business $ 55,000 $ 0